ATI signs $1B long-term supply deal with Pratt & Whitney for jet engine forgings

Allegheny Technologies Incorporated (ATI) signed a new Long-Term Purchase Agreement with Pratt & Whitney to supply isothermal forgings and nickel-based powder alloys for next-generation jet engines, expected to generate over $1 billion in revenue from 2017 to 2030.

“Demand for P&W’s game-changing PurePower® Geared Turbofan™ engine (GTF) is scheduled to grow dramatically into the next decade and beyond in support of next-generation narrowbody aircraft build rates.”ir.atimaterials.com

• 3 sources
• ir.atimaterials.comATI Announces New Long-Term Purchase Agreement with ...Jul 25, 2017
• newequipment.comATI Starting Billion-Dollar Supply Deal with Pratt & Whitney | New Equipment DigestRobert BrooksJul 25, 2017
• metal-am.comATI signs long-term purchase agreement with Pratt & WhitneyAug 8, 2017

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